Originally Posted by Cyclonepride
I am thinking that when this was discussed recently, it was mentioned that the strategic oil reserve was near it's storage capacity. I wonder if that is the "full" date?
I doubt that would be its full date. In late April, it held 701 million barrels out of a total capacity of 727 million barrels. I believe they only put in 70,000 barrels a day (less than 0.1% of international oil consumption). Thus it would take about a year from late April to fill it up. Stopping filling it up will have no effect on prices, but continuing to fill it up probably wasn't necessary either.
My guess is July is the date because it is already planned to add through July.
Link here.